Defence stocks witnessed a sharp uptick on Monday after the US launched a major military operation in Venezuela over the weekend, heightening geopolitical tensions. Investor interest rose across HAL, BEL, BDL, Solar Industries, and MTAR as markets priced in expectations of higher global defence spending.
Buy selectively, focus on resilient sectors despite volatility: Manish Sonthalia
Indian markets face geopolitical and inflationary headwinds, with a prolonged economic adjustment expected until FY28. Domestic investors find opportunities in corrected valuations, focusing on resilient